Aptar Reports Third Quarter Results; Acquires Noble International, a Leader in Drug Delivery Training Devices and Patient Onboarding; Announces Segment Leadership Appointments

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Go back to Aptar Reports Third Quarter Results; Acquires Noble International, a Leader in Drug Delivery Training Devices and Patient Onboarding; Announces Segment Leadership Appointments

AptarGroup (ATR) Misses Q3 EPS by 3c, Revenues Beat; Offers Q4 EPS Guidance Below Consensus

October 31, 2019 5:02 PM EDT

AptarGroup (NYSE: ATR) reported Q3 EPS of $0.93, $0.03 worse than the analyst estimate of $0.96. Revenue for the quarter came in at $701.28 million versus the consensus estimate of $699.93 million.

Third Quarter 2019 Summary

Reported sales increased 5%Core sales, excluding currency and acquisition effects, grew 4%Reported earnings per share increased 42% to $0.85 compared to prior year earnings per share of $0.60 in part due to lower restructuring and acquisition costsAdjusted earnings per share... More